Bundle Course - SAP Finance - FICO - BPC

This is SAP Finance combo course consisting of the following SAP modules: 1) SAP FICO and 2) SAP BPC. SAP FICO stands for Finance and Controlling. SAP Financial Accounting (FI) is the core module where all the financial processing transactions are captured. This is the module that is used to create statutory Financials Statements for external reporting purposes. Functions in SAP FI can primarily be divided into General Ledger Accounting (G/L), Accounts Receivable and Accounts Payable(AR/AP) processing, and Fixed Asset Accounting(AA). SAP Controlling module helps provide operational information to the management of a company to support business analysis and decision-making. CO represents the internal accounting viewpoint of an organisation. It provide information to managers to help manage costs and operations of the organization. SAP BPC (Business Planning and Consolidation) focuses on management/financial budgeting and consolidation as well as collaboration through reports and scorecards. Another feature is the predictive forecasting based on historical data. Benefits for businesses using SAP BPC are: Applications dedicated to gain better control over the financial business processes, Intelligent solutions for complex consolidation work (compliance with regulatory requirements), Information access for desired users to understand companies performance and future analysis, Gives a better insight for risk calculation and alignment of current performance towards desired business goals efficiently, Ensures better control over the data , security over information access and achieving desired results, Through BPC can improve the accuracy and reliability, Can have audit trial, Can streamline their business process, Can come up with accurate plans, budgets and can incorporate the actual with their historic data, Can have effective report generation in financial planning.